Labour Costs in Spain decreased to 98.40 Index Points in the third quarter of 2018 from 102.40 Index Points in the second quarter of 2018. Labour Costs in Spain averaged 91.29 Index Points from 2000 until 2018, reaching an all time high of 105.70 Index Points in the fourth quarter of 2011 and a record low of 66.70 Index Points in the first quarter of 2000.
Labour Costs in Spain is expected to be 99.80 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Spain to stand at 109.10 in 12 months time. In the long-term, the Spain Labour Costs is projected to trend around 112.20 Index Points in 2020, according to our econometric models.